@Brent Coombs I do but  the conventional lender are restricted to do the refinance. at 75%.

Certain wealth restrictions like net worth, cash flow, credit but I know a local bank that does them.

It is not a matter of personal restriction that Islam does not allow interest-based transactions.

As to your question, you want to make sure that there are no restrictions with the condo that would prohibit you from renting rooms, etc. 

I also did my research and I knew that the prior owner went to jail for mortgage fraud so I was not too concerned about that.There were no restrictions on this purchase contract - it was extremely short (2 pages) compared to our standard state form agreements. 

Most of the time I see a promising one, it doesn't work out because there are restrictions on renting (owners only, or 50+ etc), but I have a brother who is a broker so if another one comes up that makes sense I can jump on it quickly. 

Additionally, in that program it comes with a commitment of rent and income restrictions for 15 years.

Sorry Sandy, your source of funds has no bearing on your status of being "in the business of", and the business activities carried out by any entity are applicable to licensing requirements and other restrictions.

Anyone know the restrictions for marketing a home purchased by HUD on Craigslist (I'm wholesaling it)?

There may be requirements to remove powers of a member or partner, this should be accomplished at notice, restricting signature authority to bind the company or tap any bank account.It may stipulate that a partner or officer may be represented by counsel to in any administrative action taken by other members or a board of directors.A vote may be required by a majority or some higher requirement to remove an officer.